Tanker owners are looking for new trends, which will shape up freight rates, hopefully towards bouncing upwards. In its latest weekly report, shipbroker Gibson said that “in the tanker market, there are many factors not directly related to shipping but…
Which Trade Routes Will Influence The Tanker Market Moving Forward Read More »
Scrubber installations, new dual-fuel engines, conversions, ballast-water treatment systems are all on the menu for ship owners looking to extend the life of their fleet beyond the… dreaded 2020. As a result, ship-repair yards are having to cope with a…
Retrofits are Creating a Boom In the Ship-Repair Business Read More »
The marine fuel supply chain is facing renewed challenges. Various port authorities have cracked down on some bunker suppliers and removed their licences. More recently, attempts by some suppliers to blend with cutter stock or shale oil to meet minimum…
Marine fuel – a toxic mix? Read More »
It’s demolition activity which will balance out – eventually – the current tonnage overhang in the tanker market, as it did (coupled with a rise in demand) in the dry bulk market. In its latest weekly report, shipbroker Allied Shipbroking noted t…
Future Earnings of Existing Fleet is Still Dependant on Demolition Activity Read More »
Sembcorp Marine has won its biggest green technology retrofits contract to date, awarded by Maran Tankers for the installation of marine scrubbers and ballast water management systems on 13 of the Greek owner’s vessels. Under the contract, four suezmax…